U.S. gentle-auto product sales fell 17 p.c to about 1.26 million in April from a 12 months earlier, when sector quantity soared briefly, as crucial sections shortages and jammed supply strains continue to undermine mild-automobile output and shipments. But in a indication of incremental development, LMC Automotive on Wednesday described market sales rose by 5,000
Volvo Vehicles mentioned chip constraints were step by step strengthening right after the automaker posted a fall in quarterly revenue irrespective of potent car or truck demand from customers. Very first-quarter functioning revenue fell to 6 billion crowns ($607.4 million) from 8.4 billion a year in the past, the enterprise stated in a assertion Thursday.